JP Morgan Maintains Overweight on PTC Therapeutics, Maintains $53 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Eric Joseph maintains an Overweight rating on PTC Therapeutics (NASDAQ:PTCT) with a $53 price target.
June 20, 2024 | 5:40 pm
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POSITIVE IMPACT
JP Morgan analyst Eric Joseph has reiterated an Overweight rating on PTC Therapeutics, maintaining a price target of $53. This suggests confidence in the company's future performance.
The reiteration of an Overweight rating and a $53 price target by a reputable analyst from JP Morgan is a positive signal for investors. It indicates confidence in the company's future performance and could lead to increased investor interest and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100